[–] Sometimesineedhelp 0 points 1 point 1 point (+1|-0) ago
Sell Boeing
[–] ShiftForBrains 1 point 1 point 2 points (+2|-1) ago
Boeing is going to skyrocket this year. Once the 737 certification comes in and the first flight of the 777x the stock will go well over $400.
The 777X is going to kill twice as many people as the max has if it's ever allowed to fly
[–] amonamoose 0 points 1 point 1 point (+1|-0) ago (edited ago)
This is probably true. Blue chip stocks like Boeing are essentially gov funded and protected by corporate welfare... once they have had time for the bad press to run its course in the news cycle that stock will be a quick runner that will make a lot of people in the know a tidy profit. I give it 8-16 months on that one to make a bull run.
[–] Diogenes_The_Cynic 1 point 1 point 2 points (+2|-1) ago
You legit believe in an upcoming crash? Hold some t-bills, you will have liquidity when everyone else is scrambling for credit. Learn to work p/e ratios.
[–] Tallest_Skil 0 points 2 points 2 points (+2|-0) ago
Learn to work p/e ratios.
Why hasn’t Amazon’s stock collapsed yet? Their P/E was over 1,000 for several years.
[–] Maltherian1 0 points 1 point 1 point (+1|-0) ago
The last decade has put an unreasonable importance on future growth at all costs. As it became more common place a high p/e could almost guarantee high returns. Only in the last few months has the smart money decided stocks are overvalued and over bought. Retail investors/401ks are keeping the party going for now. When market fundamentals/common sense take hold again a massive correction will occur and the bears will be in charge for a long time. I transferred the majority of my portfolio to precious metal miners last winter and it has paid off wonderfully since April. Lots of consolidation in the industry.
[–] Tallest_Skil 1 point 1 point 2 points (+2|-1) ago
what are some good red-pilled stocks that will go up in the event of mild societal collapse
None. You have no idea what societal collapse is.
[–] Roughboy ago
I like a company called Workhorse (WKHS). I swing trade it constantly and have my long stack as well.